Potential for success: Medium-high- Farming is nice and steady, but sometimes there are defective plants, or just bad weather.
Potential for sustainability: High- He buys seeds and grows them. Once he has money from selling his plants, he buys more.
Potential for regional economic benefit: High- Provides more food, which would lessen the price on foods a bit due to competition.
3. Borrower
Perceived level of need: ⅘ to help his wife
Financial responsibilities/commitments of individual:
Married
4. Summary
He should get the funds because his farming would help the society a lot because farm provides a lot of food for everyone. Also, he has a good chance of succeeding and he needs to support his wife.
Potential for success: High- It’s a steady job which would eventually, if not instantly, get milk, which you then could sell for money.
Potential for sustainability: High- Cows can live for a very long time if treated well. Also, cows can give birth to other cows.
Potential for regional economic benefit: High- Supplies more food, which would make the economics better due to competition on selling foods, which would make food a bit cheaper.
3. Borrower
Perceived level of need: ⅘ to help his familly
Financial responsibilities/commitments of individual:
His familly
4. Summary
He should get the funds because he is helping his familly as much as he can. Plus it would help supply more food for his community, which the community needs a lot. Also, it’s a good and steady way of gaining money.
Potential Recipient URL: __http://www.kiva.org/lend/346740__
Name: Phillip Lenjir
Country: Kenya
Type of Loan: Agriculture
Criteria
1. Risk
Borrower (Credit history/Personal character): 2 previous loans
Field Partner (Risk Rating, Delinquency Rate, Default Rate): 3 and a half stars, 2.78% delinquency rate, 0% default rate.
Country Risk (Economic, Political, Natural Disaster) None
2. Business Plan -__Small Business Start Ups__
Potential for success: Medium-high- Farming is nice and steady, but sometimes there are defective plants, or just bad weather.
Potential for sustainability: High- He buys seeds and grows them. Once he has money from selling his plants, he buys more.
Potential for regional economic benefit: High- Provides more food, which would lessen the price on foods a bit due to competition.
3. Borrower
Perceived level of need: ⅘ to help his wife
Financial responsibilities/commitments of individual:
Married
4. Summary
He should get the funds because his farming would help the society a lot because farm provides a lot of food for everyone. Also, he has a good chance of succeeding and he needs to support his wife.
Potential Recipient URL: __http://www.kiva.org/lend/348054__
Name: Charles Orwaru
Country: Kenya
Type of Loan: Agriculture
Criteria
1. Risk
Borrower (Credit history/Personal character): 1 previous loan
Field Partner (Risk Rating, Delinquency Rate, Default Rate): 3 stars, 2.64% delinquency rate, 0% default rate
Country Risk (Economic, Political, Natural Disaster) None
2. Business Plan -__Small Business Start Ups__
Potential for success: High- It’s a steady job which would eventually, if not instantly, get milk, which you then could sell for money.
Potential for sustainability: High- Cows can live for a very long time if treated well. Also, cows can give birth to other cows.
Potential for regional economic benefit: High- Supplies more food, which would make the economics better due to competition on selling foods, which would make food a bit cheaper.
3. Borrower
Perceived level of need: ⅘ to help his familly
Financial responsibilities/commitments of individual:
His familly
4. Summary
He should get the funds because he is helping his familly as much as he can. Plus it would help supply more food for his community, which the community needs a lot. Also, it’s a good and steady way of gaining money.